Howarth Trust Inc

EVERETT, WA EIN: 91-6053815

Howarth Trust Inc is a private foundation based in Everett, Washington. The organization was established in 1962 and operates as a volunteer-led grantmaking foundation serving the local community.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.4M

+4.2% YoY

Annual Giving

$231K

+12.4% YoY

Grant Count

-4.8% YoY

Avg Grant Size

$12K

+18.1% YoY

Under IRS private-foundation payout rules, Howarth Trust Inc reported a distributable amount of $254K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation primarily funds initiatives in the following areas:

Education
Human Services
Housing and supportive housing
Women's shelters
Charter schools
Philanthropy and voluntarism

The foundation supports organizations through grants, capital commitments, scholarships, and program funding. Notable support includes tuition assistance programs and community initiatives.

Grantmaking

The foundation is open to new applicants, with approximately 12% of new applicants receiving funding.

Grant Range

$41 (based on 2024 data)

Average Grant

$41 (based on 2024 data)

Ready to take the next step with Howarth Trust Inc?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

The foundation primarily funds initiatives within Washington State, with a particular focus on Everett and the surrounding Snohomish County area.

Grant Distribution by State

Washington $1.1M (100%)

States

Washington

Cities

Everett

Financial History

Multi-year comparison from IRS filings

Assets & Revenue (2023):

Total assets: $3,227,718
Total revenues: $895,865
Total expenses: $240,290
Expense ratio: 26.8% of total revenue spent on programs

Investment Income:

Investment income and dividends (2023): $53,806
Total grants and contributions (2023): $461,988

Asset Growth: Assets increased 2.6% from the previous year.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$3,364,875	$3,227,718	$2,954,335
Revenue	$422,238	$895,865	$75,916
Expenses	$285,081	$240,290	$255,257
Qualifying Distributions	$232,340	$206,518	$213,375
Net Investment Income	$375,058	$400,105	$34,034
Distributable Amount	$253,829	$197,089	$205,562

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

103 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Housing Hope ($25,000), Compass Health ($20,000), Ymca of Sno Co ($20,000).

Recipient	Purpose	Amount
ASSISTANCE LEAGUE OF EVERETT EVERETT, WA	GRANT	$5,000
BOYS AND GIRLS CLUB EVERETT, WA	PROGRAM FUNDINGTEEN NIGHT PROGRAM	$13,500
CAMPFIRE USA EVERETT, WA	CAMPERSHIP PROGRAM	$10,000
COMPASS HEALTH EVERETT, WA	CAPITAL COMMITMENT	$20,000
DAWSON PLACE EVERETT, WA	GRANT	$15,000
DOMESTIC VIOLENCE SERVICES OF SNO CO EVERETT, WA	GRANT	$10,000
EVERETT HIGH SCHOOL BLUE & GOLD CLUB EVERETT, WA	PROGRAM FUNDINGGRANT	$2,500
EVERETT PUBLIC SCHOOLS FOUNDATION EVERETT, WA	SCHOLARSHIPS	$10,000
HOMAGE SENIOR SERVICES EVERETT, WA	GRANT	$5,000
HOUSING HOPE EVERETT, WA	CAPITAL COMMITMENT	$25,000

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is managed by a volunteer board of trustees with no paid staff:

G Paul Carpenter (President)
H Roy Yates (Vice President)
Elizabeth Campbell (Secretary/Trustee)
Mary Ellen Denman (Trustee)
Thomas Lane (Trustee)
Dan Gunderson (Trustee)

Board members serve without compensation and contribute volunteer hours to the foundation's operations.

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ELIZABETH CAMPBELL	SECRETARY/TRUSTEE	0.5	—
H ROY YATES	VICE PRESIDENT	0.25	—
MARY ELLEN DENMAN	TRUSTEE	0.25	—
G PAUL CARPENTER	PRESIDENT	0.75	—
THOMAS LANE	TRUSTEE	0.25	—
DAN GUNDERSON	TRUSTEE	0.25	—

Recent News & Activity

Recent developments and announcements

The foundation continues to actively support local organizations in Everett and Snohomish County. Recent capital commitments reflect ongoing investment in education, housing, and human services initiatives within the region.

Frequently Asked Questions

What does Howarth Trust Inc fund?

The foundation primarily funds initiatives in the following areas: • Education • Human Services • Housing and supportive housing • Women's shelters • Charter schools • Philanthropy and voluntarism The foundation supports organizations through grants, capital commitments, scholarships, and program funding. Notable support includes tuition assistance programs and community initiatives.

How do I apply for a grant from Howarth Trust Inc?

**Grant Characteristics:** • Typical award range: $1,500–$25,000 • Average grant size: $41 (based on 2024 data) • Total grants awarded in 2024: 21 grants totaling approximately $205,000 • Total giving (2023): $230,500 **Recent Grant Recipients (2023):** • Housing Hope: $25,000 (Capital Commitment) • Imagine Children's Museum: $20,000 (Capital Commitment) • Child Advocacy Center of Snohomish County: $10,000 • Everett Public Schools Foundation: $10,000 (Capital Commitment/Tuition Assistance) • Co…

Where does Howarth Trust Inc make grants?

The foundation primarily funds initiatives within Washington State, with a particular focus on Everett and the surrounding Snohomish County area.

What size grants does Howarth Trust Inc award?

In 2024, Howarth Trust Inc awarded 20 grants totaling $231K — an average of about $12K per grant, based on its IRS Form 990 filings.

How much is Howarth Trust Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Howarth Trust Inc reported a distributable amount of $254K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.